Choosing & Forming the Right Business Entity for Your Clients 2017

Product ID: CM2618
Presented By: State Bar of Wisconsin PINNACLE

How's business?

Whether you’re new to business formation or want to refresh your existing skillset, join us for Choosing & Forming the Right Business Entity for Your Clients. Explore the advantages and disadvantages of different business entities. Plus, hear from a panel of experienced practitioners on how best to advise your clients in a variety of situations.

Read More ↓

Interested in sponsoring this program? Find out more.

Select a Format

OnDemand Seminar
Course manual
Course manual and CD

Pricing

Member $49.00

Non-Member $99.00

Quantity:

How's business?

Whether you’re new to business formation or want to refresh your existing skillset, join us for Choosing & Forming the Right Business Entity for Your Clients. Explore the advantages and disadvantages of different business entities. Plus, hear from a panel of experienced practitioners on how best to advise your clients in a variety of situations.

Read More ↓

Faculty:

Adam J. Tutaj
Meissner Tierney Fisher & Nichols S.C.
Milwaukee

Henry J. Weiner
Meissner Tierney Fisher & Nichols S.C.
Milwaukee

8:00 a.m. : Registration

8:30 a.m. : Formation & Legal Characteristics of Wisconsin Business Organizations

  • Partnerships/Limited Liability Partnerships (Chapters 178)
  • Limited Partnerships (Chapter 179)
  • Business Corporations (Chapter 180)
  • Nonstock Corporations (Chapter 181)
  • Limited Liability Companies (Chapter 183)

9:30 a.m. : Navigating Governance & Fiduciary Duty Considerations Among the Various Entity Forms

  • Governance structure of each entity
  • Fiduciary duties, rights, and limits of each entity

10:30 a.m. : Break

10:45 a.m. : The Unavoidable Subject of Tax – Part I (Big Picture Concepts)

  • Impact of Tax Rates on Choice of Entity
  • Passthrough Taxation vs. C Corp Status
  • Choice of Passthrough Vehicle: Partnership vs. S Corporation
  • “Disregarded Entities”
  • Self-Employment Tax

11:35 a.m. : The Unavoidable Subject of Tax– Part II (Sales & Dispositions of Business)

  • Tax implications for the sale and disposition of the business
  • Enterprise v. goodwill considerations

12:05 p.m. : Professional Service Entities Introduction

12:20 p.m. : Lunch (on your own)

1:25 p.m. : Unique Considerations for Professional Service Entities

  • What limits should be considered for professional service clients?

2:00 p.m: Putting It All Together – Applying Choice of Entity Considerations to Sample Fact Patterns

3:05 p.m. : Program Concludes

  • Learn the basics of choosing and forming various types of business entities
  • Understand the advantages and disadvantages of each entity for your client’s needs
  • Find out about the different governance structures and fiduciary duties for each entity
  • Know the importance of tax planning and tax implications when forming a business entity
  • Discover the unique considerations you need to know for professional service entities
  • Learn how to apply these concepts to hypothetical scenarios
  • New attorneys desiring a foundation in this practice area
  • Established attorneys new to business entity selection & formation
  • Experienced attorneys looking for a review on choosing business entities

BYP

The Build Your Practice Series from State Bar of Wisconsin PINNACLE® introduces you to the fundamentals of various practice areas. Gain the tools and information you need to develop a new area of practice and expand your firm's offerings. Build Your Practice Series programs are endorsed by the State Bar's Young Lawyers Division.

0 Customer Reviews
5 star
0%
4 star
0%
3 star
0%
2 star
0%
1 star
0%

Customer Reviews

Share your thoughts with other customers by being the first to review this product and or seminar.